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The State Bank of Pakistan's (SBP) old building in Karachi. — AFP/File KARACHI: The share of banks financing the budget deficit fell to 74 per cent in the fiscal year that ended in June 2025 from ...

MANILA, Philippines — The Small Basketeers Philippines-Passerelle Twin Tournaments organized by the BEST Center blasted off last week at the Claret School of Quezon City with 12 teams competing. Milo ...

KARACHI: In a major push towards digital banking, the State Bank of Pakistan (SBP) has directed banks to ensure that at least 25 percent of their branch network is equipped with Cash Deposit Machines ...

The State Bank of Pakistan (SBP) has formally launched its upgraded Pakistan Real-Time Interbank Settlement Mechanism Plus (PRISM+) after the original system processed transactions worth over Rs1,043 ...

In a major step towards digitisation, the State Bank of Pakistan (SBP) is working with Soramitsu, a Japanese blockchain technology developer, to pilot a central bank digital currency (CBDC) in the ...

The State Bank of Pakistan (SBP) injected Rs 1,004 billion through Reverse Repo Purchase and Shariah Compliant Mudarabah based Open Market Operations (OMO) on Friday to maintain liquidity in the ...

KARACHI, July 30, 2025 — The State Bank of Pakistan (SBP) is scheduled to announce its first monetary policy for the fiscal year 2025-26 later today. The Monetary Policy Committee (MPC), chaired by ...

Findings showed baxdrostat at both doses significantly reduced mean systolic blood pressure compared with placebo at week 12. Topline data were announced from a phase 3 trial that evaluated baxdrostat ...

SBP, the New Orleans–based national disaster recovery nonprofit, has appointed Deidre Boulware as its new Chief Human Resources Officer. She comes to SBP from Citi, where she was Managing Director and ...

Carol Markowitz, a renowned New Orleans executive, was appointed CEO of SBP, the New Orleans–based national disaster recovery nonprofit. She comes to SBP from Loyola University New Orleans, where she ...

ISLAMABAD: The State Bank of Pakistan (SBP) has clarified that it never declared virtual assets (VAs) illegal, saying that its 2018 advisory merely advised regulated entities to refrain from dealing ...